Form 4: Sprinklr Director Jan Hauser Granted Over 15,000 Restricted Stock Units

Sprinklr, Inc. Director Jan Hauser has been granted 15,618 restricted stock units (RSUs) as part of compensation, with vesting scheduled through June 2026.

Summary

• Jan Hauser, a Director of Sprinklr, Inc. (CXM), was granted 15,618 Class A Common Stock in the form of Restricted Stock Units (RSUs) on June 12, 2025.
• These RSUs were acquired at a price of $0, indicating they are part of a compensation package.
• Following this transaction, Jan Hauser beneficially owns 37,547 shares of Class A Common Stock.
• The 15,618 RSUs are divided into two grants: a "First Grant" of 8,220 RSUs and a "Second Grant" of 7,398 RSUs.
• The First Grant of 8,220 RSUs will vest in full on the earlier of June 12, 2026, or the day prior to Sprinklr's 2026 annual stockholder meeting.
• The Second Grant of 7,398 RSUs will vest in four substantially equal quarterly installments on September 12, 2025, December 12, 2025, March 12, 2026, and June 12, 2026.
• Vesting for both grants is contingent upon Jan Hauser's continuous service to the company through each respective vesting date.

Sentiment

Score: 6

Explanation: The document reports a standard equity compensation grant to a director, which is a neutral to slightly positive event as it aligns director interests with shareholders and aids retention, without indicating any negative operational or financial issues.

Positives

• The grant of Restricted Stock Units (RSUs) to Director Jan Hauser aligns her interests with those of shareholders, as the value of her compensation is tied to the company's stock performance.
• The vesting schedule encourages long-term commitment and retention of key leadership, ensuring continuity in governance.

Negatives

• The issuance of new RSUs, upon vesting, will result in a slight dilution of existing shareholder equity, although the amount is relatively small in the context of a publicly traded company.

Risks

• The vesting of the RSUs is subject to the reporting person's continuous service through each vesting date, meaning the RSUs could be forfeited if service is terminated.

Future Outlook

The document outlines future vesting schedules for the granted Restricted Stock Units, with installments occurring quarterly through June 2026 and a full vesting event for a separate grant by June 2026 or the 2026 annual stockholder meeting, contingent on continuous service.

Industry Context

The grant of Restricted Stock Units (RSUs) to a director is a common practice in the technology and software industry, including for companies like Sprinklr, Inc. (CXM), to attract, retain, and incentivize key talent and align their interests with long-term shareholder value. This type of equity compensation is a standard component of executive and director remuneration packages across publicly traded companies.

Comparison to Industry Standards

• The grant of RSUs to a director is a standard form of non-cash compensation widely used by public companies, including peers in the enterprise software and customer experience management sectors such as Salesforce (CRM), Adobe (ADBE), and Zendesk (ZEN).
• The vesting schedule, which includes both a cliff vesting (for the First Grant) and quarterly installments (for the Second Grant) over a period of approximately one year, is typical for director equity awards, balancing immediate incentive with long-term retention.
• The "price" of $0 for RSUs is standard, as these are grants of future stock ownership, not purchases.

Related Party Transactions

• The grant of 15,618 Restricted Stock Units (RSUs) to Jan Hauser, a Director of Sprinklr, Inc., constitutes a related party transaction as it involves compensation provided by the company to a member of its board of directors.

Stakeholder Impact

• Shareholders: The grant aligns the director's interests with shareholders by tying compensation to stock performance. However, it also represents a minor potential future dilution of existing shares upon vesting.
• Employees: No direct impact on general employees is indicated, but it reflects the company's compensation strategy for its leadership.

Next Steps

• Vesting of 7,398 RSUs in four equal quarterly installments on September 12, 2025, December 12, 2025, March 12, 2026, and June 12, 2026.
• Vesting of 8,220 RSUs on the earlier of June 12, 2026, or the day prior to the Issuer's 2026 annual stockholder meeting.

Key Dates

Recommendation

Keywords

Sprinklr, CXM, SEC Form 4, Restricted Stock Units, RSU, Director Compensation, Equity Grant, Insider Transaction, Stock Vesting, Corporate Governance